Greater Porto will gain 51,000 square metres of new office space this year, according to Sofia Pires, head of Commercial Real Estate at Dils in Porto. She notes that 70% of this new supply is already taken, as companies increasingly encourage employees to return to the office to foster collaboration and culture. Developers are responding to this demand, with 130,000 square metres of office space expected to reach the market by 2028, including major projects like HOP - Heart of Porto, Spark Matosinhos, and various redevelopments by Avenue, Sonae Sierra, Grupo Ferreira, and Mota-Engil. These new developments prioritise sustainability, ESG standards, and green certifications to attract and retain talent. Last year, commercial real estate investment in Portugal reached €2.8 billion, with the Northern region, particularly Greater Porto, attracting significant international interest.